In an era where we see the once proud and relevant Democratic Party begin to create a socialist environment due to their near single-party rule, the incentives for free enterprise are slowly being diminished. One only has to look at the “newspeak” of Democratic Party leaders to view how the notion of “government of the people, by the people, and for the people” is slowly perishing to become government over the people.
Wealth Virtues Journal: June 8, 2010
Wealth Virtues Journal: May 27, 2010
Getting Paid for Free Services
I have always been amazed at the means by which individuals and businesses are able to provide either deep cuts to the sale price of a product, or provide a “free” service to a customer that still makes them money. We often use the terms “mark-up”, “hidden costs”, or the more mercurial, “smoke and mirrors” to describe this.
Wealth Virtues Journal: February 24, 2010
Will Credit Card Reform Really Help the Consumer? Consumers Need to Help Themselves
Now before you start feeling victorious over those big nasty Wall Street cigar smoking fat cats, consider that the banks who issued credit cards have had to write off over $35 Billion in bad debt last year. Where will they look to recoup the loss?
Wealth Virtues Journal: November 13, 2009
How Franklin’s Virtues of Sincerity and Justice Need to Influence Business Leaders Beyond 2010
Going forward, business leaders as well as government leaders need to make better use of the Virtues of Dr. Franklin. The two most applicable in this situation are Sincerity and Justice.
